Vietnam Insight

▶ In Wednesday's trading session, the market had a positive trading session, led by real estate stocks. The buying trend was more evident in the afternoon session when foreign capital flows continuously increased. Liquidity improved but remained lower than the 20-day average.

▶ At the end of the trading session, the VN-Index increased by 8.42 points (+0.68%), reaching 1,250.37 points; the HNX-Index increased by 0.52 points (+0.24%), reaching 213.41 points. Market liquidity reached VND 17.2 trillion, equivalent to about 761.9 million shares traded. Foreign investors net bought VND 905.2 billion, mainly in DXG, NLG, GEX.

▶ Technical perspective: The market recorded demand returning to midcap stocks, helping the market move towards around 1250. The sideways liquidity shows that there is no large fluctuation in supply and demand at the current stage. The main trend is still to continue to recover to the above borders. In the scenario where there is no strong cash flow outflow, the short-term trend will not show any negative signs.